October 30, 2011

Nial Fuller Review - Reviews of Nial Fuller's Forex Course

Nial Fuller has been a professional forex trader for nearly a decade now and is a forex coach and mentor who runs a comprehensive forex price action trading educational website. Nial's website makes a genuine and concrete attempt to educate interested traders on how he trades price action setups. His unique take on forex trading is what sets him apart from other trading educators, specifically those who are also teaching price action trading concepts. Price action is something that has been taught for centuries and is proven to be effective, when combined with the fresh spin that Nial Fuller's forex trading strategies put on it, it truly takes on a new light.





Visitors to Nial's website have access to a huge library of free forex trading videos and articles which run the gamut from trading strategy articles to articles on trading psychology and money management. The amount of free material that Nial offers is a testament to his own passion and generosity, as many Nial Fuller reviews will attest too. This is not where it ends though; Nial offers a comprehensive forex trading course that now includes a complete beginner's guide to the forex market along with his newly revamped advanced price action strategies course. The trading course is full of in-depth and easy to understand price action trading educational material that will give you a very thorough understanding of how to trade plain vanilla price charts. Many traders get enough information from the free videos and articles that Nial Fuller provides; however, the trading course really does take it to the next level for those aspiring professional traders who are looking to make price action their primary trading method.


Forex Trading Kurse



One big advantage to purchasing Nial Fuller's trading course is that it unlocks a whole host of other bonuses and features that most other similar trading educational products simply do not possess. One of these features is lifetime access to the member's only online trading forum; in this forum students of Nial's trading course can discuss the teachings of his course and how they apply to the most current forex price action. A new feature also included in the member's only section is the member's daily market commentary, in this commentary Nial Fuller recaps the daily price action of some of the more popular forex currency pairs.


Some of the other features included when you become a student of Nial Fuller's trading course include lifetime access to course material updates and on-going customer support. It appears that the extra features really separate Nial's forex trading course from competitor's products. However, the actual content of the trading course is well worth the purchase price and for everything you get it is probably underpriced. The bottom line regarding Nial Fuller's forex trading strategies is that they really give you a high probability entry method to trade the forex market with, and the way that Nial explains and teaches his trading concepts really makes them easy to understand.


Nial Fuller Review - Reviews of Nial Fuller's Forex Course

October 28, 2011

Forex Trading - The Real Key to Forex Success

I'm going to say something that may make me very unpopular. I'm going to tell the truth about what it takes to really be successful in forex trading.

The most common answers thrown around are your trading system, your money management, etc. Those are all important. Those are all keys to success, but none of them are the REAL key.

Forex Guide

The real key to forex success is capital. More specifically, having enough.

Forex Trading - The Real Key to Forex Success

Sure that's easy to scoff at. "If I just had a systems that picked enough winners, it wouldn't matter what the size of my account is." I said it. Most likely, you're at least thought it. The "market wizards" preached it, and we don't listen. We don't listen as we blow out mini account after mini account.

So when will we learn? How much money do we have to give over to the brokers and "real" traders before we make it work?

Well?

The key to success in forex is being able to outlast the trades that go against us, and the stupid mistakes we are bound to make. Great, so now we know the real key to forex, what good does it do us?

I mean, I'm not made of money . . . are you? You only have so much money coming in. What to do to increase our account balances?

Become an entrepreneur! I know, I know. You want to be a trader not a crass commercial. So I have just one question for you. How badly do you want to be a successful trader?

Stop.

Answer the question. Do you really want it? Then do what is necessary to increase the size of your trading balance. Give yourself a chance.

Forex Trading - The Real Key to Forex Success

October 27, 2011

Trend Forex Trading Equals Money

For many people that has recently discovered the great earnings potential of the currency markets the problem of identifying a good forex system that will help them become profitable in their trading business becomes the main thought occupying their minds.

The forex market has the characteristic of being a highly trending market. As you can see by looking at the forex charts in every time range, there are always marked trends for any currency pair. The art is in identifying the trend early enough to enter the market with an edge in your favor and also in learning when to exit a trend that is about to reverse.

Forex Guide

It is all about learning the right timing. And this is not involved with any future prediction capacities of the forex trader. Predicting the future is a complicated way of approaching the currency markets for the ordinary human being who usually doesn't relay on a crystal ball to guide his life. Reality always imposes itself in every aspect of our lives showing us the right way, and in the case of forex reality tells you must aim to understand the currency markets instead of aiming to predicting the future of any particular currency.

Trend Forex Trading Equals Money

Learning the correct approach to identify the trends when forex trading can make you a highly profitable trader. There are people who makes more than 00 dollars per week using this simple approach to trading the forex. Sometimes we think that everything involved with forex trading has to be overly complicated in order to work. But simple approaches can work too if you know how to use them.

Trend Forex Trading Equals Money

October 17, 2011

Forex Trading Software - Which One To Choose?

Forex Trading Software and Forex Trading Systems are programs designed by currency trading experts, which interpret data from the marketplace and favour low risk options which will have a greater chance in resulting in profit. There has been some bad press, specifically on forex trading software, and there are certainly some scams to be aware of out there. This article will describe some quality forex trading products, which will more than likely see you achieve success in your currency trading sooner.

Forex Killer

Forex Trading Kurse

This product is in my mind the leader of all forex trading software options. Forex Killer was created by Andreas Kirchberger- a veteran currency trader who used to work for Deutsche Bank. This product really performs, and has had quite a lot of promotion- even on CNN. The software itself is extremely user friendly, with minimal options - which is ideal for those lacking in currency trading experience. It is highly compatible- works with all trading platforms in all countries. You can set up a demo account, and experiment with the software without having to risk any of your own capital. At the core of the software are extremely accurate algorithms which predict market activity with great results.

Profitable Trend Forex System

Profitable trend forex system is the product of veteran trader John Chen. John has developed and utilised this system before releasing it to the public. Some users have been able to consistently generate 83-114-157 pips a week. The key principles of John's currency trading system is identifying the trend in the marketplace, and joining this trend with precise timing. This product would be better suited to people with some trading experience.

Forex Trading Machine

This product is the creation of Avi Frister, a veteran forex trader of over 11 years experience. The system is based on Price Driven Forex Trading (PDFT) - which is a specific style of trading. At the core of the system is understanding key trends and when to exploit them for profit. Avi is extremely upfront in explaining his methods on his website.

5EMas Forex System

This forex trading system is the creation of Adam Burgoyne. The system is completely unique, and claims to never have been used by anyone else in currency trading. The key principles of the system are identifying a significant trend while it is beginning, and utilising low risk exit strategies to increase the likelihood of profit.

Conclusion

It is well worth doing the research if you are seeking the best forex trading software and forex trading systems. Make sure the product you are considering is reputable- preferably some form of award, and a non-conditional money back guarantee. There are quite a few scams out there to be aware of, so be careful. Utilising quality forex trading software and systems will more than likely see you succeed faster in your currency trading ventures.

Forex Trading Software - Which One To Choose?

October 14, 2011

Forex Trading Career - What it Takes to Have One

It seems like everyday there are more and more people crashing their forex accounts and losing their dreams of having any kind of forex trading career. It's sad but it's true. If you are serious about having a forex trading career, there are some things that you have to do.

First Off, Take It Seriously

Forex Guide

I know this may sound extremely redundant but it's critical. Here is where most people fail. The take the fact that they want to make money, seriously, but not the actual steps that are needed to make money. A perfect example of this are trading robots. For those that don't know what these are, they basically trade for you automatically 24 hours a day without any human interaction.

Forex Trading Career - What it Takes to Have One

This should be a MAJOR red flag, but to most people, they see it as the holy grail. This is the kind of stuff that kills accounts. These shortcuts that are presented to people just so they can look for an easy way out. Folks, there is no easy way out when it comes to having a forex trading career. It can't be done for you.

Learn The Market

Obviously you should know the basics if you want to get into forex trading, like knowing the different types of orders, etc.... But it's important that you have a deeper understanding of what really makes the market tick. The only way to succeed is to actually understand it. If you want to be a technical trader, then at the very top of the list should include learning price action.

When you can look at a basic price chart and just be able to "get it" without any of the other bells and whistles that come along with trading, then you can really call yourself a trader.

Forex Trading Career - What it Takes to Have One

October 12, 2011

Introduction to Forex Trading Systems

Forex Trading Systems are the different ways to make money using the Forex Market. It's usually a pretty complex system, one that is run by the people who have spent years researching how to trade forex and the way to make the most money the fastest. However, now Forex Trading systems have become automated, meaning little work, but huge profit potentials.

Forex trading systems will lead you from one step to the next. You click here, then click here, and push go essentially. Each system uses different algorithms to pick the best way for you to earn money every single trade. You could spend your time buying e-books, trying to learn through free websites (trying being your key word), or you could use an autopilot program.

Forex Guide

All of the options are worth considering. If you want to spend all day reading and learning, then you can learn everything you need to know. You may end up making money, you may not. It kind of comes down to how much you can learn through reading.

Introduction to Forex Trading Systems

The autopilot programs are just becoming big in the forex market. These programs are designed by the people who spent all the time reading the books that you don't have too.

These autopilot programs are very good at what they do. They don't require any experience upfront at all. You heard it, no experience necessary. They allow you to play the market virtually. It's kind of like fantasy football, only you use fantasy money. It will show you how much you would be making if you were using real money.

So you've got some options regarding Forex trading systems. You can literally pick any of them that your interested in. The books are good for the readers. But if your interested in making money quickly, get an autopilot program and start earning some serious money.

Introduction to Forex Trading Systems

October 9, 2011

Forex Trading - Standard Deviation a Powerful Tool For Bigger Profits

In forex trading most new traders don't understand the concept of standard deviation.

However if you understand it, you can gain greater insight into price movement and a huge edge in your quest for profits.

Forex Trading Kurse

Let's look at standard deviation in greater detail.

Standard deviation may seem a bit confusing at first, but it's totally logical.

Let's do the technical bit first and then look at why it is so important at the end of this article.

What is it?

Standard deviation is a statistical term that provides an indication of the volatility of any price and that includes forex prices.

It measures how widely values (closing prices) are dispersed from the average.

Dispersion is the difference between the actual value (closing price) and the average value (mean closing price).

The larger the difference between the closing prices and the average price, the higher the standard deviation will be and therefore the volatility of the market.

The closer the closing prices are to the average mean price, the lower the standard deviation and the volatility of the currency is.

It is calculated by taking the square root of the variance, the average of the squared deviations from the mean.

High Standard Deviation values occur when the data item being analyzed is changing dramatically.

On the other hand, low Standard Deviation values occur when prices are more stable.

Major tops and bottoms are accompanied by high volatility as investors reflect the psychology of euphoria, greed and fear.

Why it is so useful?

All short term price spikes in financial markets that move to far from the mean price are unsustainable and are a reflection of human psychology.

The emotions of greed and fear are at work and eventually prices will move back toward the mean.

Keep this equation in mind:

Supply and demand fundamentals + investor psychology = Price movement.

A big rise in volatility away from the mean is a spike normally driven by emotion.

If you can spot this you have a tool to take profits if you are trading in the direction of the move or make a great contrary trade against the volatility.

How to apply standard deviation easily

If you understand standard deviation you can use it to your advantage.

A great way is to incorporate Bollinger bands in your trading and we will look at them in more detail in next article.

Forex Trading - Standard Deviation a Powerful Tool For Bigger Profits

October 7, 2011

Daily Currency Trading Tips

I wanted to share with you people, the daily currency trading tips that I live by. These are important to follow because with persistence and long term dedication you can become a very profitable trader. I hope these tips help you out.

Have A Daily Plan/Strategy: Basically, success in anything comes down to the little things you do everyday. When you get good at currency trading, each day is exactly the same. You're not constantly taking on a new challenge. It's about stability and routine. This is what you need to work toward. You should get out of bed in the morning and when you get to the computer to start trading you should know exactly what you're going to do. Peak Hours vs. Off-Peak Hours: You need to recognize that there is a difference in the market depending on which time of the day you trade. Peak hours are when the heaviest trading is occurring. At this time there is such a heavy volume, there is no big bank or firm that could make such a large trade that would cause a move in the market. During off-peak hours, the volume is down and big banks can make huge trades that cause currency to move in different directions. Since off-peak is unstable, you should stick to daily currency trading during the peak hours. Be Confident, But Not Overconfident: You need to have a bit of confidence to do well in this business. The reason is that if you're not confident, you're going to hesitate and over analyze. When you hesitate to triple check something you potentially lose the opportunity. You're going to fumble your money and lose it. I'm not saying be overconfident though. That leads to you making poor trades because you're confident it will end up being profitable. Be smart and confident.

Forex Tipps

Daily Currency Trading Tips